ddp266d ago

A forecast of the fair market value of SpaceX's businesses

https://futuresearch.ai/spacex-ipo-valuation/

A $1.75 Trillion IPO Would Be Overpaying 30% for SpaceX

A sum-of-the-parts forecast of SpaceX's fair market value across seven business segments. The $1.75 trillion IPO target is approximately 29% above the median fair value of $1.25 trillion.

FutureSearch
Show threadmalfist6d ago

An passive investors are going to get hosed by this thanks to NASDAQ cooking the rules to favor Elon and his band of misfits.

No longer will there be a year of price discovery for index funds, 15 days. Meaning index funds have to buy it at the peak of the hype cycle. Will be a huge wealth transfer from mom and pop retirement accounts to the ultra wealthy.

Show threadyandie6d ago
Now I need a fund that will honor a year of price discovery rather than 15 days. Any recommendations?
Show threadmalfist6d ago
Legally, any fund that tracks the NASDAQ 100 must follow the rules set by NASDAQ, so you'd want something that is neither a total market index, nor tracks the NASDAQ. Something like an S&P500 index would work
Show threadoa335
Not legally, only by contract/specification. Funds could get sued for deviating from the index, but funds generally have a decent amount of discretion in my experience in how they handle rebalancing.
Apr 2 at 6:34pmWeb